Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Markets moved to price-in resilient nominal growth conditions, consistent with the trend in economic data. We expect headwinds for assets ahead as the policy liquidity drain begins to pick up…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Markets have moved to price-in-tightening liquidity conditions, in line with our expectations in our latest Month In Macro note.  Economic data showed signs of cyclical slowing. Much more of this…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Markets have moved to price-in-tightening liquidity conditions, in line with our expectations in our latest Month In Macro note.  Economic data this week moved to show sequential resilience within a…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Markets have moved to price-in-tightening liquidity conditions, in line with our expectations in our latest Month In Macro note. We think the most important thing to note is that this…

With our next Month In Macro soon to release, so we think it is important to contextualize the big-picture. Our takeaways are as follows: Growth has accelerated within a broader slowdown that will likely eventually turn into a recession. However, the journey to this destination is likely to be…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Markets moved to price-tightening liquidity conditions last week. Treasuries rose last week as economic growth came in marginally weaker. However, this weakness was far from consistent with the degree of…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Markets have moved to price-rising real growth and increasing liquidity.  A significant portion of these moves comes from markets pricing easier monetary conditions via lower real interest rates. We see…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways for last week are as follows: Nominal growth pricing dominates price action and remains supported by private-sector liquidity. Markets continue to price interest rate cuts.  Stocks are likely to continue to outperform bonds if nominal growth…

Welcome to our official publication of the Prometheus ETF Portfolio. Our primary takeaways this week are as follows: Markets have moved to price rising real growth conditions in rising equities relative to other assets.  This rising equity trend is underwritten by a significant improvement in liquidity conditions.  While recessionary…

Welcome to our official publication of the Prometheus ETF Portfolio. The Prometheus ETF portfolio systematically combines our knowledge of macro & markets to create an active portfolio that aims to offer high risk-adjusted returns, durable performance, & low drawdowns. Given its systematic nature, we have tested the Prometheus ETF…